Company Registration No. NI645020 (Northern Ireland)
Tradefeedr Limited
Unaudited accounts
for the year ended 30 April 2025
Tradefeedr Limited
Unaudited accounts
Contents
Tradefeedr Limited
Company Information
for the year ended 30 April 2025
Directors
Balraj Bassi
Timothy Cartledge
Alexei Jiltsov
Seth Johnson
Neer Nagda
Company Number
NI645020 (Northern Ireland)
Registered Office
MURRAY HOUSE
4 MURRAY STREET
BELFAST
ANTRIM
BT1 6DN
Accountants
The Accountancy Cloud
1 Fore Street Avenue
London
EC2Y 9DT
Tradefeedr Limited
Statement of financial position
as at 30 April 2025
Cash at bank and in hand
336,696
236,443
Creditors: amounts falling due within one year
(293,467)
(321,526)
Net current assets
460,393
145,151
Net assets
462,741
145,336
Called up share capital
2
2
Share premium
3,301,692
3,301,692
Capital contribution reserve
314,771
-
Profit and loss account
(3,153,724)
(3,156,358)
Shareholders' funds
462,741
145,336
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by
Balraj Bassi
Director
Company Registration No. NI645020
Tradefeedr Limited
Notes to the Accounts
for the year ended 30 April 2025
Tradefeedr Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI645020. The registered office is MURRAY HOUSE, 4 MURRAY STREET, BELFAST, ANTRIM, BT1 6DN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Expenditure on research and development is written off in the year in which it is incurred.
Research and development tax credit
During the financial year, Tradefeedr Ltd received a tax credit for qualifying research and development expenditure under the Research and Development tax relief scheme. This is presented as a tax repayment in the Statement of Profit or Loss in line with disclosure requirements under FRS 102.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tradefeedr Limited
Notes to the Accounts
for the year ended 30 April 2025
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The company operates an EMI qualifying share option scheme for employees. As at the date of the Statement of Financial Position, the company had granted 1,369 EMI qualifying share options with an average market value of £168.50 per share. Share options vest over 10 years from the date of grant.
The share options are exercisable on the share capital of the company.
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
364,960
171,220
Accrued income and prepayments
52,204
59,014
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
49,451
57,615
Taxes and social security
24,099
38,258
Other creditors
4,165
44,926
Deferred income
158,333
104,167
Tradefeedr Limited
Notes to the Accounts
for the year ended 30 April 2025
Allotted, called up and fully paid:
16,366 Ordinary shares of £0.0001 each
1.63
1.63
8
Average number of employees
During the year the average number of employees was 6 (2024: 8).